TERRENO REALTY CORP (TRNO) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:TRNO • US88146M1018
Overall TRNO gets a technical rating of 8 out of 10. Although TRNO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- TRNO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRNO is lagging the market slightly.
- In the last month TRNO has a been trading in the 58.77 - 66.46 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When compared to the yearly performance of all other stocks, TRNO outperforms 49% of them, which is more or less in line with the market.
- TRNO is an average performer in the Diversified REITs industry, it outperforms 50% of 124 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TRNO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
53.59
We found 4 important support areas.
- A support zone ranging from 61.27 to 62.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.21 to 60.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.13 from a horizontal line in the daily time frame.
- Support @54.13 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TRNO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRNO is up. |
| ChartMill Relative Strength | 49.09 | NEUTRAL | TRNO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRNO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRNO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRNO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.52 | OVERBOUGHT | The high RSI value suggests TRNO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests TRNO has a positive trend. |
| Stochastics (14,3) | 96.37 | OVERBOUGHT | The high Stochastics value suggests TRNO may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for TRNO suggests some volalility. |
| Average Directional Index/ADX (14) | 21.64 | NEUTRAL | The ADX value for TRNO suggests a possible start of a new trend. |
66.1
+1.02 (+1.57%)
TERRENO REALTY CORP / TRNO FAQ
What is the ChartMill technical rating of TERRENO REALTY CORP (TRNO) stock?
ChartMill assigns a technical rating of 8 / 10 to TRNO.
Can you provide the trend direction for TERRENO REALTY CORP?
The current trend direction for TERRENO REALTY CORP (TRNO) is Bullish.
Can you provide the RSI signal for TERRENO REALTY CORP?
TERRENO REALTY CORP (TRNO) has an RSI value of 71.5225. This indicates that the stock is currently overbought.
What is the buy/sell signal for TERRENO REALTY CORP (TRNO) stock?
The buy/sell signal for TERRENO REALTY CORP (TRNO) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for TERRENO REALTY CORP (TRNO) stock?
TERRENO REALTY CORP (TRNO) has a support level at 62.52. Check the full technical report for our detailed analysis of TRNO support and resistance levels.